• Shanghai Electric (OTCPK:SIELY) has signed new memoranda of cooperation and strategic agreements with Carrier Group and Svenska Kullagerfabriken AB (SKF) China Sales Co., Ltd. at CIIE 2024.

• The strategic agreement with Carrier Group marks the 37th year of collaboration between the two companies.

• Under the new framework, Shanghai Electric and Carrier will unite their expertise to advance solutions that align with China's carbon-neutral and carbon peak goals, focusing on indoor environmental control, industrial heat pump applications, and sustainable development.

• Source: Press Release

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